Third Ward Industrial

Third Ward

Office Space Market Report

Number of Listings (last 90 days)
41
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,870
As of: June 24, 2017

Third Ward Rates

The typical asking rate per listing is in the $30's per square foot per year. The Third Ward region is going through a a rise in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Compared to the rest of the Metrolina market, the Third Ward region has greater rates, and you'll need to make a great offer to be in this hot region.

Third Ward Listing Supply

In the last 90 days, 41 listings have been posted online, so you'll want to check back regularly for new listings. About 107% of the office spaces in the Third Ward are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,870 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 5 floors. Most buildings in this region were built in 1957 and are Class A.

Third Ward Community

This market is fairly equally mixed residential and commercial. Real estate is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Third Ward occupants. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Third Ward.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Third Ward.
Research